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if you think about -- remember the economy. >> i've heard of the economy, yes. >> the unemployment rate is still way too elevated. 7.9%. gdp got a pop but most of us agree it is growing well too slowly. this is our biggest near term problem. our biggest near term problem is not the budget deficit. that is a long-term problem, a serious problems, we have a chance to do something about it. . if we can at the same time, help the 2013 economy by giving it a bit of a boost, that means a lot to workers, their paychecks, job availability. i'm very happy to see that was in there. >> when you look at the white house's proposal, what do you think they think they can actually get? >> i think they think they can get the increase in the top rates. that's the biggest kind of thing to finally break the mold on that, to really push back against the kind of grover norquist ian asymmetry. i think they can get that. i'm not sure we end up at 396 for the top rate, but i think they will get that. i think probably by giving some on the entitlements as is in their opening bid, they will be able to get back to
if you think about -- remember the economy. >> i've heard of the economy, yes. >> the unemployment rate is still way too elevated. 7.9%. gdp got a pop but most of us agree it is growing well too slowly. this is our biggest near term problem. our biggest near term problem is not the budget deficit. that is a long-term problem, a serious problems, we have a chance to do something about it. . if we can at the same time, help the 2013 economy by giving it a bit of a boost, that means a...
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Dec 1, 2012
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>> i mean, this is the new economy, right? back in the day, factory jobss weren't good jobs, either. they were also low-paying jobs. the reason they became the middle class jobs we know because people organized. >> sarah, what's the next move in this movement? is it a movement? >> oh, it's a movement. they are not giving up. they're going to keep working. i spoke to jonathan weston for new york community for change before coming here. and they are hoping that more workers got energized by seeing this happen and by seeing everybody go back in today and not face reprisal. >> the next phase you're hoping for is what? >> i'm hoping for more strikes, ed. >> you're hoping for more strikes? >> yeah. >> do you think the 99% movement had anything to do with this? >> i think it crystalized something that was already going on in this country that people knew about where the wealth was going, right? they knew over the last 30 years we've seen it go to people at the top, the people at the bottom are getting squeezed. their productivity has
>> i mean, this is the new economy, right? back in the day, factory jobss weren't good jobs, either. they were also low-paying jobs. the reason they became the middle class jobs we know because people organized. >> sarah, what's the next move in this movement? is it a movement? >> oh, it's a movement. they are not giving up. they're going to keep working. i spoke to jonathan weston for new york community for change before coming here. and they are hoping that more workers got...
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Dec 1, 2012
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>> this is the new economy. factory jobs weren't good jobs either. the reason they became the middle class jobs we know because people organized. >> what's the next move? >> it's a movement. they are not giving up. . they are going to keep working and i spoke to johnathan weston and they are hoping that more workers got energized by seeing this happen and by seeing everybody go back in today and not face reprize sal. >> so the next phase is what? >> i'm hoping for more strikes, ed. >> you're hopining for more strikes? >> yeah. >> did the 98% have anything to do with this? >> it crystallized something already going on in this country that people knew about where the wealth was going. they knew we have seen it go to the people at the top and the people at the bottom were getting squeezed. productivity has gone up, they are working harder and longer. >> there's been no organized union that has gone in and led
>> this is the new economy. factory jobs weren't good jobs either. the reason they became the middle class jobs we know because people organized. >> what's the next move? >> it's a movement. they are not giving up. . they are going to keep working and i spoke to johnathan weston and they are hoping that more workers got energized by seeing this happen and by seeing everybody go back in today and not face reprize sal. >> so the next phase is what? >> i'm hoping for...
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Dec 5, 2012
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. >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue. >> in order for us to raise the amount of revenue that's needed just by closing deductions and loopholes for high earners we'd have to, for example, eliminate or severely cap the char itible deduction. >> an obsession to raise taxes not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on the wasteful spending in washington. >> and meantime, "the new york times" jonathan wiseman reports behind the scene republican leaders are considering the president's plan to extend middle class tax cuts now an address the debt and spending in the new year. here's republican senator tom coburn on "morning joe." >> actually, i would rather see the rates go up than the other way and greater chance to broaden the base in the future. >> do something, a down payment on cuts, on investments and revenue this year. and then in the next year take the time to g
. >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue. >> in order for us to raise the amount of revenue that's needed just by closing deductions and loopholes for high earners we'd have to, for example, eliminate or severely cap the char itible deduction. >> an obsession to raise taxes not going to solve the problem. what will solve the problem is doing...
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Dec 2, 2012
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you can't have a great economy when wealth is at the high end. you need a strong, broad based economy. >> the debt ceiling leverage. we have seen it used before. here he is talking to mike allen about how he sees the strategy of this playing out. >> this president is not going to extend. he loses his leverage that way. >> republicans have other leverage. they can give him debt ceiling increases once a month, have them on a rather short leash, here's your allowance, come back if you have behaved. >> wait. you are proposing the debt ceiling be increased -- >> monthly. monthly if he's good. weekly, if he's not. >> it's no -- note that in the opening offer, getting rid of essentially this debt ceiling procedure was part of that. i think probably because of precisely that. i want to bring in bruce bartlett. he's an analyst from the reagan and bush administration. bruce, you were there at the beginning of the supply side revolution, the tax revolt. i guess, what is your sense of how it's evolved and what the poll -- how the politics have changed over t
you can't have a great economy when wealth is at the high end. you need a strong, broad based economy. >> the debt ceiling leverage. we have seen it used before. here he is talking to mike allen about how he sees the strategy of this playing out. >> this president is not going to extend. he loses his leverage that way. >> republicans have other leverage. they can give him debt ceiling increases once a month, have them on a rather short leash, here's your allowance, come back...
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he's argued this based on economis economists. it's not nonsense, an illness. >> first of all, going back to my core argument, the idea if you're grg toç take $89 billioa year and reduce the deficit, it's laughable in its face. the president is calling for more spending with his new stimulus. number two. point number two, the democrats have shown nothing by way of spending cuts. julian talks about there's $1.6 trillion. only in washington, d.c. can you say we're winding down the war but we're going to count that as savings. baseline spending doesn't make any sense. the president of the united states -- >> if we -- >> julian, hang on one second. the president of the united states should call the congressional leadership up to camp david, go up there and they should get in a room and they should sit there until they hammer out a deal. >> i agree with that. >> julian, go ahead. >> there are three big points the viewers need to understand and they need to take note that ron did not respond to. first, on the economists. the economist
he's argued this based on economis economists. it's not nonsense, an illness. >> first of all, going back to my core argument, the idea if you're grg toç take $89 billioa year and reduce the deficit, it's laughable in its face. the president is calling for more spending with his new stimulus. number two. point number two, the democrats have shown nothing by way of spending cuts. julian talks about there's $1.6 trillion. only in washington, d.c. can you say we're winding down the war but...
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Dec 4, 2012
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you don't need to take money out of the economy. you don't need to further contract the economy. you need to stimulate the economy. the economists who track this stuff already think we're not growing enough to get back to a healthy economy. they cut the estimate to how much we are growing. people are not making enough money and therefore, not spending enough money and businesses are not hiring enough people. we need to be talking about growth. the problem in the country is an economic growth problem. the deficit, nobody wants there to be a deficit, but that's not the pressing need we've got as a nation. growing the economy, frankly, is the only way we have gotten rid of red ink in the past. when americans are better off, they pay more in taxes. the government can pay for the usual things and pay down the debt. president clinton, the surplus, he got that partly from raising revenue. raising taxes. but also he did it in a way that grew the economy and the nation prospered and the debt became no big deal and then the debt was gone and the debt clocks that were supposed to be scary g
you don't need to take money out of the economy. you don't need to further contract the economy. you need to stimulate the economy. the economists who track this stuff already think we're not growing enough to get back to a healthy economy. they cut the estimate to how much we are growing. people are not making enough money and therefore, not spending enough money and businesses are not hiring enough people. we need to be talking about growth. the problem in the country is an economic growth...
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Dec 6, 2012
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we'd jam the economy into a devastating recession. i mean, david said it well in his piece this morning. if you think the fiscal cliff is a problem, this kind of hostage taking around the debt ceiling is multiples of that and the president is, i think, very correct to stand extremely firm and be extremely clear that he's not going to play that game. >> karen, the politics of this are frightening for the republicans. the latest polling does not support their stance. and given that they spent four years obstructing this president and failed, why do it again from the outset of his second term? >> well, you know, there's good news for the republicans, martin. karl rove's group, crossroads gps is going to spend some money for some ads, and we know that's a successful strategy in convincing the american people. >> that's good news. >> i can't pass that chance up to do that. >> i understand. >> i think part of what's so important about the polling, we talked about this on monday and the quinnipiac polling you were showing, the republicans ha
we'd jam the economy into a devastating recession. i mean, david said it well in his piece this morning. if you think the fiscal cliff is a problem, this kind of hostage taking around the debt ceiling is multiples of that and the president is, i think, very correct to stand extremely firm and be extremely clear that he's not going to play that game. >> karen, the politics of this are frightening for the republicans. the latest polling does not support their stance. and given that they...
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let's keep our economy on the right track. let's stand up for the american belief that each of us have our own dreams and aspirations, but we're also in this together. we can work together in a responsible way that we're one people and one nation, that's what this country is about, that's what all of you deserve, what i'm fighting for every single day and i will keep fighting for as long as i have the privilege of being your president. thank you very much everybody. god bless you, god bless america. >> that is president obama speaking at the manufacturing facility in hatfield, pennsylvania. melissa harris-perry i think sasha and malia will get kinex roller coasters. could the president push those more than the tax cuts. i'm likening this to when dillon went electric. we are seeing obama play a hard ball that the democrats have not played with this current sort of republican party and it's most modern manifestation. what do you make of the messaging now, the fact he is going hard with one message only, which is about middle cla
let's keep our economy on the right track. let's stand up for the american belief that each of us have our own dreams and aspirations, but we're also in this together. we can work together in a responsible way that we're one people and one nation, that's what this country is about, that's what all of you deserve, what i'm fighting for every single day and i will keep fighting for as long as i have the privilege of being your president. thank you very much everybody. god bless you, god bless...
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how does this stimulate the economy and how does it solve the debt? the president's proposal is $160 billion of new taxes a year on a $1 trillion problem. we've got to get to the spending side. >> let me play for you what the president said about this. >> unfortunately, the speaker's proposal right now is still out of balance. he talks for example about $800 billion from revenues but says he's going to do that by lowering rates and when you look at the math it doesn't work. >> he says, congressman, the math doesn't add up. >> i'd like to see how he's doing his math on his spending cuts. so far take the spending cuts from last year and count them again this year, also going to end the war in 2014 so we'll have savings, won't wore row as much and take that as $2 trillion in savings. neither of those are real savings or cuts. the statement we won't borrow as much because we're ending the war and saying we never did a tax increase let's count it again is absurd. >> the $800 billion proposal independent experts looked at this and say technically you have t
how does this stimulate the economy and how does it solve the debt? the president's proposal is $160 billion of new taxes a year on a $1 trillion problem. we've got to get to the spending side. >> let me play for you what the president said about this. >> unfortunately, the speaker's proposal right now is still out of balance. he talks for example about $800 billion from revenues but says he's going to do that by lowering rates and when you look at the math it doesn't work. >>...
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the economy is on the road to recovery. let's bring in sam stein, reporter for "the huffington post." there's so much evidence that the republicans had the wrong narrative during the election. they have the wrong narrative right now. this should be really a boom for the democrats right now in the conversation world, shouldn't it? >> yeah, like you mentioned, consumer confidence is growing. the wind is at the president's back with respect to how people perceived the economy. the factor here is what happens if, for instance, in the process of these negotiations, consumer confidence dips. people feel like they are troubled by investing money and the economy goes back into a recession nar status. that's what the president wants to avoid with this fiscal cliff conversation. that's why a deal is going to be hammered out probably before the end of the year. the president does have a little political head wind. >> this gives, i think, labor a real opportunity to show the country the graph that we showed, the separation between corp
the economy is on the road to recovery. let's bring in sam stein, reporter for "the huffington post." there's so much evidence that the republicans had the wrong narrative during the election. they have the wrong narrative right now. this should be really a boom for the democrats right now in the conversation world, shouldn't it? >> yeah, like you mentioned, consumer confidence is growing. the wind is at the president's back with respect to how people perceived the economy. the...
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Dec 6, 2012
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i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe that we're going to go into a huge, deep recession again if these bush tax cuts expire. i do believe that you can strengthen the economy if you let everything go off the cliff and come back and put in front of the american people and do a better job for the economy. there's up side either way you go. the president has got boehner in an untenable position. he doesn't have very many avenues to a victory right now but he's got a good escape, thomas. all john boehner has to do to exit out of this quickly is to say he won the election, we didn't, the american people in every survey say this is where we're going to go, we're going to go along with the wishes of the american people and the republicans would get goodwill for doing that. they have to get out of this ideological headrow that they're stuck in and do something for the company. >> the polls give them plausible acceptability of this plan of trying to move forward and, as you say, with the will of the american people
i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe that we're going to go into a huge, deep recession again if these bush tax cuts expire. i do believe that you can strengthen the economy if you let everything go off the cliff and come back and put in front of the american people and do a better job for the economy. there's up side either way you go. the president has got boehner in an untenable position. he doesn't have very many...
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they are sailing it because they are sail yant to our economy, the price of gas has an impact on how much pocket change americans have to save or spend on anything else. >> people are not happy this morning. gas prices are going up. many people are flocking to places like this to find the cheapest gas prices around. right now a gallon is going to cost you $4.13. last week it jumped 16 cents. prices are expected to go up another 20 cents in the next few days. >> gas prices go up and down. there's supply and demand. every once in awhile like in that report, there's a dramatic spike. the weird thing about that particular gat spike in may that sparked that report was that that spike was really isolated. gas prices went way up in california, even as gas prices everywhere else were going down. and at the same time that gas prices were going up in california, crude oil prices were going down. and even weirder, gas inventories were plentiful. they were going up. there was more supply. there was a lot of gas around. then why would it be getting more expensive? we were told refineries were the
they are sailing it because they are sail yant to our economy, the price of gas has an impact on how much pocket change americans have to save or spend on anything else. >> people are not happy this morning. gas prices are going up. many people are flocking to places like this to find the cheapest gas prices around. right now a gallon is going to cost you $4.13. last week it jumped 16 cents. prices are expected to go up another 20 cents in the next few days. >> gas prices go up and...
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the economy would contract by half a percent in 2013. unemployment would raise to 9.1% and the economy would experience what cbo said would be judged as a recession. but after that, then things start to look pretty good. the cbo says after next year by the agency's estimates economic growth will pick up. the labor market will strengthen returning output to its potential level. 5.5% by 2018. essentially if no deal is struck, the federal government would be forced to do what it's refused to do willingly, make dramatic changes in taxes and spending. if those changes happen automatically, the cbo estimates it would have a positive long-term impact. by comparison, it says current law is kept in place, output and income would be lower down the road. so here is another way to look at it. fast forward to budget projections. keeping tax cuts in place, extending most tax provisions and putting off spending cuts would put revenue in 2020 at 4dz.2 trillion. spending at $5.3 trillion. the national debt is projected to be near $20 trillion by then. $3
the economy would contract by half a percent in 2013. unemployment would raise to 9.1% and the economy would experience what cbo said would be judged as a recession. but after that, then things start to look pretty good. the cbo says after next year by the agency's estimates economic growth will pick up. the labor market will strengthen returning output to its potential level. 5.5% by 2018. essentially if no deal is struck, the federal government would be forced to do what it's refused to do...
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and now to john boehner. >> -- sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today, i would say two things. first, despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are nolts the way to get things done here in washington. majority leader and i just had a meeting with the treasury secretary. it was frank and it was direct. i was hopeful we'd see a specific plan for cutting spending. we sought to find out today what the president really is willing to do. i remain hopeful that productive conversations can be had in the days ahead. but the white house has to get serious. yesterday our leadership t
and now to john boehner. >> -- sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today, i would say two things. first, despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on...
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this exacts the economy. the uncertainty is creating havoc with our economy and our states. >> well, the bipartisan delegation of governors wrapped up their meetings at the white house a few hourgz ago a. they plan to meet with republican leaders this afternoon and have made one thing clear. they're not taking sides in this one. >> our focus today was not to endorse a specific plan nor to dismiss a specific plan but rather to point out as gary mentioned as governors we think it's important we have a seat at the table. >> joining us now is two governors that attended that meeting, chairman of the national governors association jack merkel as well as oklahoma's republican governor the group's vice chair. thaw for joining us. governor fallon, i'll start off with you. we heard scott walker in there. why not take a side here? >> well, we have 50 different states. we have governors that have different political philosophies. what we're trying to find is common ground, some collaboration between the national governo
this exacts the economy. the uncertainty is creating havoc with our economy and our states. >> well, the bipartisan delegation of governors wrapped up their meetings at the white house a few hourgz ago a. they plan to meet with republican leaders this afternoon and have made one thing clear. they're not taking sides in this one. >> our focus today was not to endorse a specific plan nor to dismiss a specific plan but rather to point out as gary mentioned as governors we think it's...
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obviously globally, the economy is still soft. europe is going to be in the doldrums for quite some time, asia is not charging forward and some of the emerging markets are not charging forward as quickly as they were maybe a few years ago, but i think all of you recognized and many of you told me is that everybody's looking to america, because they understand if we're able to put forward a long-term agenda for growth and prosperity that's broad-based here in the united states, that confidence will not just increase here in the united states, it will increase globally and we can get the virtuous cycle that i think all of us have been waiting for and want to see. what's holding us back right now ironically is a lot of stuff that's going on in this town, and i know that many of you have come down here to try to see, is there a way that we can break through the log jam, and go ahead and get things done and i'm here to tell you that nobody wants to get this done more than me. i know you've gotten a lot of briefings but let me describe
obviously globally, the economy is still soft. europe is going to be in the doldrums for quite some time, asia is not charging forward and some of the emerging markets are not charging forward as quickly as they were maybe a few years ago, but i think all of you recognized and many of you told me is that everybody's looking to america, because they understand if we're able to put forward a long-term agenda for growth and prosperity that's broad-based here in the united states, that confidence...
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again, the economy is doing a little better. the unemployment numbers have been a little better, but what's the impact? >> 2 million people -- >> 2 million would lose. >> -- would lose income. here's the thing. there's a lot of talk of these people are looking or not looking for jobs, they're just taking this check. that's not the case. there's only one job for every three folks looking for a job. so there literally is not a job available for two of those people. so they have this income, unemployment insurance which keeps them in the economy, a functioning part of the economy, so they can spend the money. so the economic policy institute went ahead and extrapolated. if you were to keep this $30 billion cost of extended unemployment insurance, actually, that will pump another $15 billion to $18 billion into the economy because these folks are spending money. and that's what fuels our economy. >> some of the people who argue that we should go off the fiscal cliff, that it will push them to negotiate a sort of more thoughtful deal
again, the economy is doing a little better. the unemployment numbers have been a little better, but what's the impact? >> 2 million people -- >> 2 million would lose. >> -- would lose income. here's the thing. there's a lot of talk of these people are looking or not looking for jobs, they're just taking this check. that's not the case. there's only one job for every three folks looking for a job. so there literally is not a job available for two of those people. so they have...
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professor dyson, the economy appears to be rebounding. gdp was better in the third quarter than we thought, up from 2% to 2.7%. and by one estimate new home sales this year will be up 8%, and yet conservatives advise us to place ideology first. now, do they realize what that could do to this country come january and that it will plunge the nation into a certain depression? >> martin, they realize it, but i'm afraid they don't care. the reality is -- >> do you really believe that, professor dyson? >> i absolutely do. i believe this, i believe they are so mon know maniacal about pursuing their ideological beliefs they would defer even the fate of this nation to their particular policies, to their particular public policy recommendations and to their particular politics and ideology. why would we believe anything different? every critical moment in the last two years they proved to be partisans to their particular politics. they're not patriots for the broader sake of the nation. they are concerned about getting in their ideological points.
professor dyson, the economy appears to be rebounding. gdp was better in the third quarter than we thought, up from 2% to 2.7%. and by one estimate new home sales this year will be up 8%, and yet conservatives advise us to place ideology first. now, do they realize what that could do to this country come january and that it will plunge the nation into a certain depression? >> martin, they realize it, but i'm afraid they don't care. the reality is -- >> do you really believe that,...
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a lot of positive figures out there in the economy. does a second term present a great opportunity for him to follow through on wall street reform? because there are some in the community that think he was a disappointment in that regard. >> first of all about the economy, my state right after the auto rescue, my state's unemployment rate was 10.6%. now it's down to 6.9%. that's because of a lot of things. partly trade enforcement that you've talked about. and partly the auto rescue. all those things together. i think the president knows that we need to continue to make sure the regulations are strong. part of that is done by his administration and part of it is by congress. we know he will work with senator merkley, senator schumer, people who have been involved on these issues. and i'm optimistic we move forward. >> thank you for joining us tonight. >>> coming up, senator mitch mcconnell rails against reform, but john mccain doesn't agree. michigan senator debbie stabenow on filibuster reform. >>> later senator john kerry delivers an
a lot of positive figures out there in the economy. does a second term present a great opportunity for him to follow through on wall street reform? because there are some in the community that think he was a disappointment in that regard. >> first of all about the economy, my state right after the auto rescue, my state's unemployment rate was 10.6%. now it's down to 6.9%. that's because of a lot of things. partly trade enforcement that you've talked about. and partly the auto rescue. all...
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i for one, if you didn't care about the economy and you didn't care about the american people, you bet your life you can get $800 billion or trillion dollars out of raising -- eliminating deductions and tax credits. >> but conman, he kncongressman you muster all those deductions together they only amount to about $400 billion. >> i think we could do that. i think we can do it. first of all, you have to make certain that local and state tax deductions are not there. then you take away all the charitable deductions that we have. then you take away all of the mortgage deductions for the rich and the middle income, all that you have there. and then you start looking at the deductions that you have for children, for earned income tax credits, for the poor people that are there. if you really look at everything that so many americans have taken for granted and even if you don't reach the $800 billion, at least you will find out what is this man talking about. just don't say you can't do it, it's not arithmetic. give them a piece of chalk, go to the blackboard, and show us, mr. speaker, what
i for one, if you didn't care about the economy and you didn't care about the american people, you bet your life you can get $800 billion or trillion dollars out of raising -- eliminating deductions and tax credits. >> but conman, he kncongressman you muster all those deductions together they only amount to about $400 billion. >> i think we could do that. i think we can do it. first of all, you have to make certain that local and state tax deductions are not there. then you take...
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they have struggled with the economy in recent years. they said they don't expect their lives will change that much. but they said, christmas just got a whole lot better. alex, back to you. >> i love this story. i could hear you go on and on. can't wait to find out the confirmation of the second one. thank you so much, tom. >>> so, what would you do with your powerball winnings? you can all talk to me at twitter, my handle is @alexwitt. i'll be reading some of your tweets throughout the day. let's go back to washington now, though, and little apparent progress on the so-called fiscal cliff talks. actually that's putting it mildly. it appears both sides may be digging in their heels. joining me now, congressional reporter for the washington "post" ed o'keefe and washington reporter for the hill, amie parnes. amie let's get with the president's proposal first. it includes $1.6 trillion tax hikes over ten years, that's raising rates on the top 2%, making over $250,000. now this proposal also calls for $50 billion in immediate stimulus, and
they have struggled with the economy in recent years. they said they don't expect their lives will change that much. but they said, christmas just got a whole lot better. alex, back to you. >> i love this story. i could hear you go on and on. can't wait to find out the confirmation of the second one. thank you so much, tom. >>> so, what would you do with your powerball winnings? you can all talk to me at twitter, my handle is @alexwitt. i'll be reading some of your tweets...
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of their money to the federal government without raising tax rates, which we believe will harm our economy. >> some conservatives just can't stand hearing speaker boehner admit the rich will pay more in taxes, but other republicans want boehner to concede a rate hike before it's too late. a congressman told the "washington post," "i and some others are advocating giving the president what he wants as part of the package that includes entitlement cuts and reduces the debt by $4 trillion to $5 trillion. quite frankly, some people in this 2% who call me, they're more worried about the fiscal cliff than they are about rates going up a couple of points." congressman thomas rooney of florida said, "if there are truly real entitlement reforms that are going to be preserve social security and medicare for generations to come, it's going to be difficult for me to oppose higher rates for the rich." president obama and speaker boehner spoke by phone yesterday for the first time in a week. white house press secretary jay carney i find very interesting refused to characterize the conversation. let's br
of their money to the federal government without raising tax rates, which we believe will harm our economy. >> some conservatives just can't stand hearing speaker boehner admit the rich will pay more in taxes, but other republicans want boehner to concede a rate hike before it's too late. a congressman told the "washington post," "i and some others are advocating giving the president what he wants as part of the package that includes entitlement cuts and reduces the debt by...
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you are having some potential impact on the entire economy. obviously, toys and other things, as well. >> the president's plan calls for raising the tax rates on americans earning $250,000 or more. most republicans remain dead set against the president's plan. >> that's true. i think, though, we have to take a look at the larger context. the larger context is we have a math problem. we have $2.5 trillion that we're taking in every year on the federal government and $3.5 trillion that we're spending. so, we're going to need a balanced approach of both revenue and spending cuts to teat there. so, that's what the president has been talking about and certainly something i can support. >> "the wall street journal" today senior administration officials say the white house not making any new offers until republicans change their opposition to raising top tax rates in this country. as a businessman, that would be directly affected by an impasse like that, as would millions of americans. how do you feel about that? >> how i feel, i'm 100% confident we'
you are having some potential impact on the entire economy. obviously, toys and other things, as well. >> the president's plan calls for raising the tax rates on americans earning $250,000 or more. most republicans remain dead set against the president's plan. >> that's true. i think, though, we have to take a look at the larger context. the larger context is we have a math problem. we have $2.5 trillion that we're taking in every year on the federal government and $3.5 trillion...
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you cut taxes, you grow the economy, you reduce the deficit. it almost seems like someone who would have tried to run for president maybe on a line like that. surely republicans could win on that platform unless it didn't win. >> exactly. they've all been quick to distance themselves from mitt romney, except they have presented his plan as their own. i guess maybe it was their plan to begin with in the form of paul ryan, and, you know, look, it's just not going to fly with the american people and the days go on. what i really think, if i were giving them political advice, i think tom cole, a representative among them who is probably one of the smarter political tacticians in their party gave them some advice. let's get this over with. let's not be the party that looks like we're only looking out for the top 2%. but that's really, martin, exactly what they look like. the differences here i think to most americans are fairly small. let's keep taxes low for 98% of americans and lets ask the wealthy to pay a little more but it looks like republican
you cut taxes, you grow the economy, you reduce the deficit. it almost seems like someone who would have tried to run for president maybe on a line like that. surely republicans could win on that platform unless it didn't win. >> exactly. they've all been quick to distance themselves from mitt romney, except they have presented his plan as their own. i guess maybe it was their plan to begin with in the form of paul ryan, and, you know, look, it's just not going to fly with the american...
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the president replied breaks for middle class important for families and economy. if top rates don't go up, danger middle-class deductions get hit. the gop is holding middle-class taxes hostage i'm not. joining me is msnbc policy analyst and columnist for "the washington post" ezra klein. it is great to have you. we need your help today. >> you know what makes me sad about that twitter discussion. >> what's that? >> those were 140 character bites more substantive than almost any of the tax discussions in the media or in washington. they were beating us in 140 characters. >> the president's twitter -- you have to -- in too many abbreviations but i'm getting ahead of myself here. let's talk about those substantive tweets which is to say, i want to talk about the closing of loopholes. i spoke with grover norquist about this magic math that the republicans are doing. let's say they put closing loopholes and deductions on the table. the issue is whether anybody is going to go for this. the deductions that are there are very popular. the ones that would get the most reve
the president replied breaks for middle class important for families and economy. if top rates don't go up, danger middle-class deductions get hit. the gop is holding middle-class taxes hostage i'm not. joining me is msnbc policy analyst and columnist for "the washington post" ezra klein. it is great to have you. we need your help today. >> you know what makes me sad about that twitter discussion. >> what's that? >> those were 140 character bites more substantive...
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>> they're being given a choice between an economy which has been fantastic for them. labor has done really badly. they're saying, the current situation is great for us. but now we have two choices, between great and even better. are and given the choice, they'll take even better. >> and you talk about liberal pieties or whatever, the hatred of unions. i think that people underestimate, don't get -- and i've encountered this in my reporting, how visceral, almost dogmatic, almost religious and ideological, how fervently that belief is and how common that is among people who make a ton of money. >> it's one of the few times that you find a vague semblance of ideology in these people. because they're very practical, most of the time. whatever works in terms of making money is what they'll all choose. but you're right, sometimes even when you show them the numbers and say, listen, recognizing unions, you can be more profitable overall, they don't like that. >> felix salmon, reuters finance blogger, who will be live blogging in january, you should check that out, thanks for
>> they're being given a choice between an economy which has been fantastic for them. labor has done really badly. they're saying, the current situation is great for us. but now we have two choices, between great and even better. are and given the choice, they'll take even better. >> and you talk about liberal pieties or whatever, the hatred of unions. i think that people underestimate, don't get -- and i've encountered this in my reporting, how visceral, almost dogmatic, almost...
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portion that goes to defense be harmful to national security, but that it would be a huge hit on the economy because there's so many jobs involved. so my sense is people don't want to talk about that because it would raise a lot of alarms but in some ways is more serious than the tax cuts even though they don't all occur at once. it would sends us down a difficult path. it's already created a lot of uncertainty in the defense world. >> some of the more liberal opponents of the deal on the democratic left, would not mind seeing these defense cuts. >> just as they wouldn't mind in some cases on the left seeing the tax increase on everybody so that they can force a vote to lower the rates back only for those americans outside the top 2%, you're right. a lot of liberals would like to see that. this is why the president has leverage. he has some leverage off of his victory in the campaign, but he's got a lot of leverage off of the tax rate issue as well as these defense cuts and the republicans know it. that's why there's much more pressure on them and you hear this from a lot of lobbyists and me
portion that goes to defense be harmful to national security, but that it would be a huge hit on the economy because there's so many jobs involved. so my sense is people don't want to talk about that because it would raise a lot of alarms but in some ways is more serious than the tax cuts even though they don't all occur at once. it would sends us down a difficult path. it's already created a lot of uncertainty in the defense world. >> some of the more liberal opponents of the deal on the...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. nine grams protein. zero fat. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> after president obama was sworn into office in january 2009, he decided that his first tv interview, his first tv interrue he would give as p
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ]...
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he used a similar tactic back in 2011 to talk about jobs and the economy. also remember during the payroll tax cut fight, senior administration officials tell me they have gotten more responses during this my2k hash tag initiative than in the past. that stands for $2,000, which is how much taxes would increase. john boehner says this is at a standoff. all sides need to come back to the table at some point to get progress anytime soon. tamron. >> let me bring in congressman chris van hollen. thank you for your time, sir. very busy and saw you on the monday morning program as well. how would you categorize talks right now? is this a true stalemate? >> well, it's only a stalemate because speaker boehner, the republican leader, has not put his proposal on the table. as you know, the president has put his cards on the table. he presented a plan. you can find it on the internet. now it's time for speaker boehner to come forward. i should say that tomorrow in the house of representatives the democrats are going to file what's known as a discharge petition to bring
he used a similar tactic back in 2011 to talk about jobs and the economy. also remember during the payroll tax cut fight, senior administration officials tell me they have gotten more responses during this my2k hash tag initiative than in the past. that stands for $2,000, which is how much taxes would increase. john boehner says this is at a standoff. all sides need to come back to the table at some point to get progress anytime soon. tamron. >> let me bring in congressman chris van...
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we need to make sure the economy doesn't collapse. >> from egypt to israel now. we have secretary of state hillary clinton condemning both the vote in the u.n. recognizing palestine as a nonmember state and new settlements. which one is more of a road block to a two-state solution? >> the u.s. never really does get this issue despite our efforts to see if the sides will engage each other. israel and hamas have all been playing to their bases and flexing their muscles. it's against what long standing bipartisan the american presidents have called for. so the two-state solution is the goal. it's what majorities of both populations have asked for but they seem stuck. >> how dicey does the situation become if they build in an area that precludes a contiguous palestinian state? and this settlement would end up blocking a contiguous palestinian state. even many in israel have been concerned about this. the question of settlement construction is first and foremost an issue of israeli decision making but they need to be sensitive to the fact this does seem to be a respon
we need to make sure the economy doesn't collapse. >> from egypt to israel now. we have secretary of state hillary clinton condemning both the vote in the u.n. recognizing palestine as a nonmember state and new settlements. which one is more of a road block to a two-state solution? >> the u.s. never really does get this issue despite our efforts to see if the sides will engage each other. israel and hamas have all been playing to their bases and flexing their muscles. it's against...
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the president is meeting with all different people from all different parts of the economy. the majority of americans agree with him. we've got grover norquist and john boehner and a couple of the bat crap crazies, as you like to call them, holding the rest us hostage. >> they will all vote for this. do we go off the curb or the cliff and do you have to go back when someone asks you, why did not you vote for this on december 5th when you could have done it? why did you wait into january? let the markets crash. take that uncertainty out and cause the stress to the american families. >> i had democratic senators tell me months ago that they were hearing from a couple of republican senators in the cloak room that they actually need us to go off the cliff so they can then cast a vote that is purely interpreted as a tax cut no matter how you look at i. have you heard anything like that from any whispers from the republican side in the house? >> no. no. not in there. and it is strange. i would have thought a month, there is a different reality out there. >> it set in with you. >>
the president is meeting with all different people from all different parts of the economy. the majority of americans agree with him. we've got grover norquist and john boehner and a couple of the bat crap crazies, as you like to call them, holding the rest us hostage. >> they will all vote for this. do we go off the curb or the cliff and do you have to go back when someone asks you, why did not you vote for this on december 5th when you could have done it? why did you wait into january?...
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economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slow walk our economy to the edge of the fiscal cliff. how do you respond it to that? >> well, that's just utterly preposterous. the republicans right now in the house of representatives have a bill that would extend the middle class tax cuts right away that has passed the senate that they could take up next week when we come back. they could have already taken it up. we have a lot of time, and the republicans refuse to give certainty to the middle class. the president said he'd seen this bill right away, and then the rest of the issues we need to sort out we can hash out over the next few weeks before we reach december 31st. >> issues like entitlement reform? >> well, issues like making
economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slow walk our economy to the edge of the fiscal cliff. how do you respond it to that? >> well, that's just utterly preposterous. the...
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> president obama is taking his fiscal cliff plan to the people. will republicans buckle under public pressure? msnbc's political analyst michael eric dyson and democratic strategist donna genteel-o'donnell will weigh in on that tonight. >>> the ceo of apple makes a big announcement about the future of the company's products. e.j. dionne on the political impact of that later. we'll be right back. oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkling shiny! too bad it doesn't work on windows. okay, i'm outta here. cascade. the clear choice. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a prefe
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> president obama is taking his fiscal cliff plan to the people. will republicans buckle under public pressure? msnbc's political analyst michael eric dyson and democratic strategist donna genteel-o'donnell will weigh in on that tonight. >>> the ceo of apple makes a big announcement about the future of the company's products. e.j. dionne on the political impact of that...
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economy. i think consumers are where it's at. we just got to get over this fiscal cliff thing. >> jonathan capehart. >> i learned president morsi of egypt is fanatical about "planet of the apes." >> that is really all you need to know. jonathan, thank you so much. rana, steve, michael and everybody, thank you for watching today. if it's "way too early," it's "morning joe." chuck todd is next with "the daily rundown." >>> together again. mitt romney makes his way to the white house. it's not exactly the way he wanted to get there. but can something constructive come out of a private lunch between president obama and the man he defeated just three weeks ago? that's right. that was just three weeks ago. >>> also this morning, a deep dive into america's longest war. look into lessons learned and the sacrifices made by troops at one combat outpost. tell us about what's been accomplished and what's not in more than a decade of fighting. as the country wakes up obsessed with numbers and winners, for the lottery, that, we've got a very i
economy. i think consumers are where it's at. we just got to get over this fiscal cliff thing. >> jonathan capehart. >> i learned president morsi of egypt is fanatical about "planet of the apes." >> that is really all you need to know. jonathan, thank you so much. rana, steve, michael and everybody, thank you for watching today. if it's "way too early," it's "morning joe." chuck todd is next with "the daily rundown." >>>...
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the american economy is on the line. and this is a moment for adult leadership. >> to talk all things politics, we bring in nick from the "new york times." politico is reporting today boehner and the president had a curt phone call. that's curt with a "c." should we be reading something into that? >> you almost can't tell what's happening by looking at the president and jay carney and speaker boehner are saying. you have to look further out and see where the ripples are. really when boehner's talking and when the president is talking, they are talking to their members in congress. so it's members you have to look at. obviously, there are teams of economists and policy experts behind the scenes that are crafting all kinds of compromises. it really comes down to the members, i think. >> let's talk about one of those members, representative tom cole, republican from oklahoma came out and said he thinks republicans should go ahead and pass what the president has proposed, basically extend the tax cuts for the middle class up
the american economy is on the line. and this is a moment for adult leadership. >> to talk all things politics, we bring in nick from the "new york times." politico is reporting today boehner and the president had a curt phone call. that's curt with a "c." should we be reading something into that? >> you almost can't tell what's happening by looking at the president and jay carney and speaker boehner are saying. you have to look further out and see where the...
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> it's looking more and more like christmas at the white house. earlier this week first lady michelle obama officially unveiled this year's christmas decorations, including 54 christmas trees. but another member of the family seems to have had the final inspection. ♪ ♪ >> one decoration really caught bo's eyes. ♪ >> you've got to get him, bo. folks, that's a washington standoff everyone can enjoy. nes. or protect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to reli
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> it's looking more and more like christmas at the white house. earlier this week first lady michelle obama officially unveiled this year's christmas decorations, including 54 christmas trees. but another member of the family seems to have had the final inspection. ♪ ♪ >> one decoration really caught bo's eyes. ♪ >> you've got to get him, bo. folks, that's a...
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and when this economy picks up, when the obama economy picks up, guess what? president obama's rising tide will lift all boats. >> here's exactly -- >> that's reality. >> we talk a lot about rebranding a party. what a brand is in essence is a set of values. they're not changing their revalues, they're recasting them, repositioning them. that's what rebranding does. and the jindals of the world get it. >> jindal does get it. i said to jim demint, listen, i remember in '93 and '94 -- and richard, i know you remember this going back to the 1980s -- the intellectual power was all on the conservative side. we were the trendsetters. what john engler was doing up in michigan, what other reform-minded governors were doing across the country on health care reform, on welfare reform, the republicans, conservatives, controlled it. as i said to jim yesterday, there's been an anti-intellectual strain in this party for the past four, five, six years. it's now costing us millions of votes across the country. and millions and millions of dollars. and he seemed to get that as
and when this economy picks up, when the obama economy picks up, guess what? president obama's rising tide will lift all boats. >> here's exactly -- >> that's reality. >> we talk a lot about rebranding a party. what a brand is in essence is a set of values. they're not changing their revalues, they're recasting them, repositioning them. that's what rebranding does. and the jindals of the world get it. >> jindal does get it. i said to jim demint, listen, i remember in '93...